Directors’ Deals: £200m sale — that’s so Moneysupermarket

The Sunday Times

Sunday June 09 2013, 1.01am, The Sunday Times

The Sunday Times

Sunday June 09 2013, 1.01am, The Sunday Times

SIMON NIXON, co-founder and deputy chairman of moneysupermarket.com, pocketed £200m last week from his first big disposal since the comparison website floated in 2007. Nixon placed 100m shares at 200p each, cutting his holding to about 30%. He became chief executive when the 20-year-old company went public and moved to deputy chairman in 2009.

Moneysupermarket said the sell-off was in line with his recent shift towards a more backseat role — he changed from executive to non-executive deputy chairman. The placing would allow him to “diversify his personal holdings”. The news came alongside the announcement of a £70m special interim dividend.

THE chief investment officer of Aberdeen Asset Management sold nearly 1.4m shares in the group after a strong rise in the share price this